MSNXX is designed to align with stablecoin reserve investment requirements set out by the GENIUS Act, offering issuers an MMF option for investing their required reserves backing their outstanding payment stablecoins
The Chainlink Runtime Environment, Cross-Chain Interoperability Protocol, Digital Transfer Agent technical standard, NavLink and price feeds will be integrated into OpenAssets’ modular, whitelabel platform
Qivalis will leverage Fireblocks’ end-to-end platform, which includes tokenisation and treasury management capabilities, to enable secure issuance, distribution, and lifecycle management of its euro-pegged stablecoin
The registration body proposes that the NCUA requires Applying Issuers to obtain and disclose a DTI code for each payment stablecoin for the application process
According to the firm, the launch marks the first time a non-USD stablecoin is available on an institutional-grade trading stack across spot and derivatives
The memorandum of understanding outlines intentions to build infrastructure designed for regulated stablecoin issuers in the region, in a bid to enable the adoption and growth of the digital currency
The Standard Chartered-backed firm will leverage the client bases of select authorised distributors to enable public access to HKDAP, offering incentives to early adoption partners developing real-world use cases for the stablecoin
